Friday, June 23, 2006

It's art but is it insured.

A study by insurer Norwich Union found that high net worth customers are typically under-insured by 70%. Art collectors should also check not only their overall contents cover, but the cover for each individual piece of art which might typically be £1000 per item - not nearly enough for many collectable items - including not just originals, but more and more limited edition prints these days, as Vetrianno limited prints barely start at under £1000.00 for anything that's been released for more than about 5 minutes...

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